201 W Montecito St | Santa Barbara, CA 93101
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- LoopNet Team
201 W Montecito St
Santa Barbara, CA 93101
The Hangar · Net Lease Investment · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Ownership: Fee Simple
- 6-year NNN lease with fixed 1.5% annual increases and no management responsibilities provides a nice passive coastal investment opportunity.
- Significant capital invested by Tenant in 08/09.
- 9 Parking Spaces *Current tenant has access to additional 15 spaces in front of building through annual lease agreement with Southern Pacific Railroad
- Pure NNN Lease with no Landlord obligations.
- Split C2-R4 zoning opens up the future development possibilities including residential.
PROPERTY FACTS
AMENITIES
- Commuter Rail
- Signage
- Skylights
PROPERTY TAXES
| Parcel Number | 033-032-006 | Improvements Assessment | $5,209,824 |
| Land Assessment | $4,244,832 | Total Assessment | $9,454,656 |
PROPERTY TAXES
Parcel Number
033-032-006
Land Assessment
$4,244,832
Improvements Assessment
$5,209,824
Total Assessment
$9,454,656
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